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November 23, 2015
Also in today's EMEA regional roundup: Huawei joins 5G Exchange project; Bulgaria's Vivacom sold; Cisco snaps up UK teleconferencing firm.
Jolla , the Finnish smartphone maker formed by ex-Nokia Corp. (NYSE: NOK) developers, says it has been hit by a delay to its funding round, forcing it to apply to a local court for a debt restructuring, reports Reuters. The company, which developed its own Sailfish operating system, is also having to lay off a substantial part of its 100-strong workforce. (See Euronews: Jolla Claims a Sailfish Sellout .)
Huawei Technologies Co. Ltd. has outlined its commitment to the 5G Exchange (5GEx) project, which was launched in October to "enable collaboration between operators, regarding 5G infrastructure services, with the view to introducing unification via NFV/SDN compatible multi-domain orchestration." In other words, the aim of the project is to ensure that network operators don't build 5G islands. Ericsson AB (Nasdaq: ERIC) previously announced its involvement, along with Hewlett Packard Enterprise , a number of European universities and, more importantly, Deutsche Telekom AG (NYSE: DT), Orange (NYSE: FTE), Telecom Italia (TIM) and Telefónica . 5GEx is one of 19 5G Infrastructure Public-Private Partnership (5GPPP) projects retained from 83 proposals received by the European Commission . (See Lines Get Drawn in Road to 5G.)
Bulgaria's Vivacom has been sold by owner VTB Capital to Spas Roussev, a Bulgarian businessman, for €330 million ($353 million), according to Reuters. The deal, which is linked to the collapse of a Bulgarian bank that had close associations with Vivacom, still requires approval from local and European Union regulators.
Smile has launched what it says is the first ever voice-over-LTE (VoLTE) service in East Africa, initially covering the Ugandan cities of Kampala, Entebbe and Mukono. Alcatel-Lucent (NYSE: ALU) provided network integration, project management and testing know-how to the project.
Cisco Systems Inc. (Nasdaq: CSCO) has agreed to acquire Acano, a London-based company specializing in unified communications infrastructure and conferencing software. Acano will become part of the Cisco Collaboration Technology Group once the deal is approved. The financial details of the deal were not disclosed.
UK mobile operator EE is looking at introducing ad-blocking technology for its 27 million customers, according to a Sunday Telegraph report. CEO Olaf Swantee, who is launching a review into the issue of mobile advertising, said: "We think it's important that, over time, customers start to be offered more choice and control over the level and intensity of ads on mobile."
Read more about:Europe
Assistant Editor, Europe, Light Reading
Paul is based on the Isle of Wight, a rocky outcrop off the English coast that is home only to a colony of technology journalists and several thousand puffins.
He has worked as a writer and copy editor since the age of William Caxton, covering the design industry, D-list celebs, tourism and much, much more.
During the noughties Paul took time out from his page proofs and marker pens to run a small hotel with his other half in the wilds of Exmoor. There he developed a range of skills including carrying cooked breakfasts, lying to unwanted guests and stopping leaks with old towels.
Now back, slightly befuddled, in the world of online journalism, Paul is thoroughly engaged with the modern world, regularly firing up his VHS video recorder and accidentally sending text messages to strangers using a chipped Nokia feature phone.
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